Creditcoin, Spacecoin, Sui, and Walrus Partner to Launch Decentralized Satellite Finance Initiative

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TheNewsCrypto 2w ago

Creditcoin, Spacecoin, Sui, and Walrus Partner to Launch Decentralized Satellite Finance Initiative - TheNewsCrypto

Quick Summary:

Together, Creditcoin, Spacecoin, Sui, and Walrus formed a strategic alliance to work together on a new decentralized finance initiative that combines their respective strenghts in computation, storage, and internet access.

Through decentralized satellite infrastructure, this partnership seeks to increase connectivity and access to financial services, particularly for underprivileged and remote regions.

In order to aid the almost 37% of the world’s population that does not presently have internet connection, the partnership’s integrated strategy places a high priority on workable solutions to real-world issues.allowing consumers in underprivileged areas to use contemporary internet and financial technologies, engage in the global digital economy, and establish credit histories.